Posted XJO
This is one I often flick back to and its simply using the first range out from the March 09 lows, with a time multiple of 120 days and price multiple of 554 points
Of course I have drawn the bullish scenario, however if the 4219 line is broken again, you would certainly watch the 3665 area in late October
Food for thought both ways but plenty of hits thus far
Regards
Rob![]()
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weekend charting 10 july 2010, page-76
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